HRW

Morocco’s Central Bank expects economy to shrink -5.2%, cuts rates to release liquidity

Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to 0% to release more liquidity. The Bank revised downwards its forecasts for 2020 to -5.2%, the lowest rate since 1996, compared with 2.5% in 2019, as the coronavirus impact and […]

Texas Deadly Floods: Morocco’s King offers condolences to President Trump

King Mohammed VI has sent a message to U.S. President Donald Trump to express “his deep sadness” after catastrophic flooding killed at least 104 people in Texas. Many of the victims were campers and residents caught off guard by the rapid rise of floodwaters In his message of condolences, the King said he was deeply […]

German state media highlights success of Morocco’s strategy on Sahara issue

Germany’s state-owned media, DW, published a detailed article highlighting the success of Morocco’s diplomacy in defending the Kingdom’s sovereignty over the Sahara territory, while framing the dispute as opposing Morocco to Algeria through its Polisario proxies. “Morocco’s strategy on the Western Sahara has paid off,” was the headline of the article which enumerates the diplomatic […]